|
|
|
MIRA INFORM REPORT
|
Report No. : |
503324 |
|
Report Date : |
12.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
TEENA LABS LIMITED (w.e.f. 07.06.2007) |
|
|
|
|
Formerly Known
As : |
TEENA LABS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
105 & 106, Sree Rama Towers, Kukatpally, Hyderabad-500072,
Telangana |
|
Tel. No.: |
91- 40-23068027 |
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|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2016 |
|
|
|
|
Date of
Incorporation : |
18.12.2001 |
|
|
|
|
Com. Reg. No.: |
36-038220 |
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|
|
|
Capital
Investment / Paid-up Capital : |
INR 70.201 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U24230TG2001PLC038220 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
|
|
|
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TIN No.: |
36910197462 |
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|
|
|
PAN No.: [Permanent Account No.] |
AABCT6809L |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Divulged |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
36AABCT6809L1ZZ |
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|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
· Wholesale trading of Pharmaceutical products (Registered Activity) ·
Analysis of pharmaceuticals, bulk drugs, basic
chemical drugs, intermediates, formulations. ·
Manufacturing, trade, buy, sell, import and
generally deal in all types of pharmaceuticals, medicals, surgical,
scientific equipment, appliances and accessories. (As per Memorandum of Association) |
|
|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
Maximum Credit Limit : |
USD 248000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
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Litigation : |
Clear |
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|
|
|
Comments : |
Subject was incorporated in the year 2001. It is a wholesale trading of pharmaceutical products.
|
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CRISIL |
|
Rating |
Long term borrowing : B+ |
|
Rating Explanation |
Risk-prone-credit-quality and carries very high credit risk |
|
Date |
27.02.2018 |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2018.
BIFR (Board for Industrial & Financial Reconstruction) LISTING
STATUS
Subject’s name is not listed as a Sick Unit in
the publicly available BIFR (Board for Industrial & Financial
Reconstruction) list as of 12.04.2018
IBBI (Insolvency and Bankruptcy Board of India) LISTING STATUS
Subject’s name is not listed in the publicly
available IBBI (Insolvency and Bankruptcy Board of India) list as of report
date.
INFORMATION DECLINED
Management non-cooperative (Tel No.: 91-40-23068027)
Mobile No.:
91-9701888080 - Continuously Ringing
LOCATIONS
|
Registered Office : |
105 & 106, Sree Rama Towers, Kukatpally, Hyderabad-500072,
Telangana, India |
|
Tel. No.: |
91- 40-23068027 |
|
Fax No.: |
91- 40-23065808 |
|
E-Mail : |
sunil@teenalabs.com |
|
Website : |
|
|
|
|
|
Corporate Office: |
# 906, 9th Floor, Mamjeera Trinity Corporate, JNTU, Hitech
City Road, KPHB 3rd Phase, Kukatpally, Hyderabad-500072,
Telangana, India |
|
Tel. No.: |
91-40-666658808 |
|
Fax No.: |
91-40-66668027 |
|
|
|
|
Works : |
Plot No:41, SV Co-operative Industrial Estate, Bachupally (V), Quthbullapur (M) Hyderabad, Telangana, India |
|
Tel. No.: |
91-40-23041258 |
|
Fax No.: |
91-40-23041910 |
|
E-Mail : |
DIRECTORS
As on 2018
|
Name : |
Mr. Katike Anjaiah |
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|
Designation : |
Managing Director |
||||||||||||||||||||
|
Address : |
105, Sri Rama Towers, Kukatpally, Hyderabad-500072, Telangana, India |
||||||||||||||||||||
|
Date of Birth/Age : |
09.03.1968 |
||||||||||||||||||||
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Date of Appointment : |
18.12.2001 |
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PAN No.: |
AGJPK5824H |
||||||||||||||||||||
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DIN No.: |
00816077 |
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Other
Directorship:
|
|||||||||||||||||||||
|
|
|
||||||||||||||||||||
|
Name : |
Mrs. Katike Niroopa Rani |
||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||
|
Address : |
105, Sri Rama Towers, Kukatpally, Hyderabad-500072, Telangana,
India |
||||||||||||||||||||
|
Date of Birth/Age : |
31.07.1971 |
||||||||||||||||||||
|
Date of Appointment : |
01.12.2014 |
||||||||||||||||||||
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PAN No.: |
AKHPK3049G |
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DIN No.: |
00816154 |
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Other
Directorship:
|
|||||||||||||||||||||
|
|
|
||||||||||||||||||||
|
Name : |
Mr. Ramesh Namala |
||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||
|
Address : |
3-13-111/2, Srinivasapuram CLY, Ramanthapur, Hyderabad-500013,
Telangana, India |
||||||||||||||||||||
|
Date of Birth/Age : |
19.03.1967 |
||||||||||||||||||||
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Date of Appointment : |
01.12.2014 |
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PAN No.: |
ACAPN0031G |
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DIN No.: |
02467435 |
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Other
Directorship:
|
|||||||||||||||||||||
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|
||||||||||||||||||||
|
Name : |
Ms. Pranavi Katike |
||||||||||||||||||||
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Designation : |
Additional Director |
||||||||||||||||||||
|
Address : |
15-31-52, Flat No. 902, Manjeera Trinity Homes, Doctor Street, Near
JNTU, KPHB Colony, Hyderabad-500072, Telangana, India |
||||||||||||||||||||
|
Date of Birth/Age : |
24.02.1997 |
||||||||||||||||||||
|
Date of Appointment : |
06.02.2018 |
||||||||||||||||||||
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PAN No.: |
EFOPK7376L |
||||||||||||||||||||
|
DIN No.: |
08065490 |
||||||||||||||||||||
MAJOR SHAREHOLDERS
As on 31.03.2016
|
Names of Shareholders |
|
No. of Shares |
|
K. Anjaiah |
|
3068198 |
|
K. Nirupa Rani |
|
2415738 |
|
M. Madhavi |
|
45352 |
|
K. Srisailam |
|
15747 |
|
K. Ananthamma |
|
152747 |
|
K Narayana |
|
159361 |
|
C Bakkamma |
|
15747 |
|
P Narsimlu |
|
92908 |
|
M Lakshminarayana |
|
15747 |
|
M Saroja |
|
34644 |
|
M. Sitaram |
|
15747 |
|
M Varalakshmi |
|
12598 |
|
N Ramesh |
|
3937 |
|
N Meenakshi |
|
11810 |
|
C Balaraj |
|
101569 |
|
Teena Bio Labs |
|
858219 |
|
Total |
|
7020069 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2016
|
Category |
Percentage |
|
Promoters (Individual/Hindu Undivided Family – Indian) |
78.12 |
|
Public/Other than promoters (Individual/Hindu Undivided Family – Indian) |
9.66 |
|
Public/Other than promoters (Body corporate) |
12.22 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
· Wholesale trading of Pharmaceutical products (Registered Activity) ·
Analysis of pharmaceuticals, bulk drugs, basic
chemical drugs, intermediates, formulations. ·
Manufacturing, trade, buy, sell, import and
generally deal in all types of pharmaceuticals, medicals, surgical,
scientific equipment, appliances and accessories. (As per Memorandum of Association) |
||||
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|
||||
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Products / Services
: |
|
||||
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|
||||
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Brand Names : |
Not Available |
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|
||||
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Agencies Held : |
Not Available |
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||||
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Exports : |
Not Divulged |
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||||
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Imports : |
Not Divulged |
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|
||||
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Terms : |
Not Divulged |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
|
Suppliers : |
|
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Customers : |
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No. of Employees : |
Not Divulged |
||||||||||||||||||||||
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|
||||||||||||||||||||||
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Bankers (As on 2016): |
State Bank of India |
|
Auditors : |
|
|
Name : |
Sudhakar and Company Chartered Accountants |
|
Address : |
2nd Floor, 5-2-134, R.P Road, Secunderabad – 500 003, Telangana, India |
|
Income-tax
PAN of auditor or auditor's firm : |
ADFPK5519A |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Other related party : |
Teena Bio Labs Private Limited |
CAPITAL STRUCTURE
After 30.09.2016
Authorised Capital : INR 100.000 million
Issued, Subscribed & Paid-up Capital : INR 90.258
Million
As on 30.09.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
7050000 |
Equity Shares |
INR 10/- each |
INR 70.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
7020069 |
Equity Shares |
INR 10/- each |
INR 70.201 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES
OF FUNDS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
70.201 |
38.636 |
38.636 |
|
(b) Reserves & Surplus |
16.510 |
36.124 |
34.663 |
|
(c) Money received against
share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
86.711 |
74.760 |
73.299 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Deferred tax liabilities
(Net) |
7.941 |
7.980 |
7.980 |
|
(c) Other long term
liabilities |
136.814 |
32.244 |
28.928 |
|
(d) long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
144.755 |
40.224 |
36.908 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade payables |
8.878 |
5.943 |
1.002 |
|
(c) Other current liabilities |
9.206 |
0.400 |
1.500 |
|
(d) Short-term provisions |
13.201 |
8.520 |
2.505 |
|
Total
Current Liabilities (4) |
31.285 |
14.863 |
5.007 |
|
|
|
|
|
|
TOTAL |
262.751 |
129.847 |
115.214 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
173.603 |
89.001 |
83.924 |
|
(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv) Intangible assets under
development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
1.131 |
0.905 |
0.991 |
|
(e) Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
174.734 |
89.906 |
84.915 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
6.276 |
10.560 |
9.505 |
|
(c) Trade receivables |
15.493 |
23.059 |
16.799 |
|
(d) Cash and cash equivalents |
29.993 |
0.029 |
0.062 |
|
(e) Short-term loans and
advances |
19.850 |
6.293 |
3.933 |
|
(f) Other current assets |
16.405 |
0.000 |
0.000 |
|
Total
Current Assets |
88.017 |
39.941 |
30.299 |
|
|
|
|
|
|
TOTAL |
262.751 |
129.847 |
115.214 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
SALES |
|
|
|
|
|
Income |
91.424 |
39.412 |
8.845 |
|
|
Other Income |
2.349 |
6.715 |
36.175 |
|
|
TOTAL
|
93.773 |
46.127 |
45.020 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials Consumed |
47.000 |
11.458 |
12.135 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
4.284 |
(1.055) |
(0.383) |
|
|
Employees benefits expense |
18.557 |
15.502 |
11.227 |
|
|
Other expenses |
8.055 |
7.762 |
9.272 |
|
|
TOTAL |
77.896 |
33.667 |
32.251 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
15.877 |
12.460 |
12.769 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
5.633 |
4.953 |
6.087 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
10.244 |
7.507 |
6.682 |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION |
5.130 |
5.046 |
4.932 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX |
5.114 |
2.461 |
1.750 |
|
|
|
|
|
|
|
Less |
TAX |
0.962 |
1.000 |
(0.231) |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX |
4.152 |
1.461 |
1.981 |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (INR) |
0.59 |
0.37 |
0.51 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
0.000 |
0.000 |
NA |
|
Cash generated from operations |
NA |
NA |
14.273 |
|
Net cash flows from (used in) operations |
29.709 |
11.148 |
NA |
|
Net cash flows from (used in) operating activities |
28.709 |
10.148 |
14.010 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
61.85 |
213.55 |
693.23 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
5.90 |
1.71 |
0.53 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
68.95 |
189.32 |
30.14 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
2.53 |
1.18 |
1.34 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
0.09 |
0.14 |
0.15 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.12 |
0.11 |
0.04 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
0.36 |
0.20 |
0.07 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
2.00 |
1.19 |
1.14 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
2.82 |
2.52 |
2.10 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
4.54 |
3.71 |
22.40 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
1.58 |
1.13 |
1.72 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
4.79 |
1.95 |
2.70 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current Assets / Current Liabilities) |
2.81 |
2.69 |
6.05 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
2.61 |
1.98 |
4.15 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.33 |
0.58 |
0.64 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
2.81 |
2.69 |
6.05 |
Total Liability = Short-term Debt + Long-term
Debt + Current Maturities of Long-term debts
FINANCIAL ANALYSIS
[all figures are
in INR Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Share Capital |
38.636 |
38.636 |
70.201 |
|
Reserves & Surplus |
34.663 |
36.124 |
16.510 |
|
Net
worth |
73.299 |
74.760 |
86.711 |
|
|
|
|
|
|
long-term borrowings |
0.000 |
0.000 |
0.000 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Total
borrowings |
0.000 |
0.000 |
0.000 |
|
Debt/Equity
ratio |
0.000 |
0.000 |
0.000 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
8.845 |
39.412 |
91.424 |
|
|
|
345.585 |
131.970 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
8.845 |
39.412 |
91.424 |
|
Profit |
1.981 |
1.461 |
4.152 |
|
|
22.40% |
3.71% |
4.54% |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info Agents |
Available in
Report (Yes / No) |
|
1] |
Year of establishment |
Yes |
|
2] |
Constitution of the entity Incorporation
details |
Yes |
|
3] |
Locality of the entity |
Yes |
|
4] |
Premises details |
No |
|
5] |
Buyer visit details |
-- |
|
6] |
Contact numbers |
Yes |
|
7] |
Name of the person contacted |
No |
|
8] |
Designation of contact person |
No |
|
9] |
Promoter’s background |
Yes |
|
10] |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
|
11] |
Pan Card No. of Proprietor / Partners |
Yes |
|
12] |
Voter Id Card No. of Proprietor / Partners |
No |
|
13] |
Type of business |
Yes |
|
14] |
Line of Business |
Yes |
|
15] |
Export/import details (if applicable) |
No |
|
16] |
No. of employees |
No |
|
17] |
Details of sister concerns |
No |
|
18] |
Major suppliers |
No |
|
19] |
Major customers |
No |
|
20] |
Banking Details |
Yes |
|
21] |
Banking facility details |
No |
|
22] |
Conduct of the banking account |
-- |
|
23] |
Financials, if provided |
Yes |
|
24] |
Capital in the business |
Yes |
|
25] |
Last accounts filed at ROC, if applicable |
No |
|
26] |
Turnover of firm for last three years |
Yes |
|
27] |
Reasons for variation <> 20% |
-- |
|
28] |
Estimation for coming financial year |
No |
|
29] |
Profitability for last three years |
Yes |
|
30] |
Major shareholders, if available |
Yes |
|
31] |
External Agency Rating, if available |
Yes |
|
32] |
Litigations that the firm/promoter
involved in |
-- |
|
33] |
Market information |
-- |
|
34] |
Payments terms |
No |
|
35] |
Negative Reporting by Auditors in the
Annual Report |
No |
STATE OF COMPANY AFFAIRS
AND FUTURE OUT LOOK (AS ON 31.03.2016)
During the year, the Company has earned a Gross Revenue of INR 91.423 Million (Previous Year: INR 39.412 Million) Other Income of INR 2.349 Million (Previous Year: INR 6.714 Million) and the Profit after Tax was INR 4.152 Million (Previous year: INR 1.460 Million).
INDEX
OF CHARGES
|
S No |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
G31615891 |
100068354 |
ANDHRA BANK |
03/12/2016 |
- |
- |
120000000.0 |
BANJARA HILLS BRANCH, RELIANCE CLASSIC BUILDINGS,ROAD NO.1, BANJARA HILLS, HYDERABAD TELANGANA 500034 INDIA |
|
2 |
G06464747 |
100035504 |
RELIANCE CAPITAL LIMITED |
24/06/2016 |
- |
- |
20000000.0 |
"H" BLOCK 1ST FLOOR DHIRUBHAI AMBANI KNOWLEDGE CITY, KOPAR KHAIRNE NAVI MUMBAI MAHARASHTRA 400710 INDIA |
|
3 |
C62076567 |
10586789 |
ANDHRA PRADESH STATE FINANCIAL CORPORATION |
21/08/2015 |
- |
- |
153500000.0 |
5-9-194,CHIRAG ALI LANE,PB NO:165 ABIDS HYDERABAD TELANGANA 500001 INDIA |
|
4 |
C44331916 |
10550586 |
RELIANCE CAPITAL LIMITED |
31/01/2015 |
- |
- |
4312545.0 |
"H" BLOCK 1ST FLOOR DHIRUBHAI AMBANI KNOWLEDGE CITY, KOPAR KHAIRNE NAVI MUMBAI MAHARASHTRA 400710 INDIA |
|
5 |
B65641987 |
10396283 |
ANDHRA PRADESH STATE FINANCIAL CORPORATION |
27/12/2012 |
- |
- |
16000000.0 |
5-9-194,CHIRAG ALI LANE,PB NO:165 ABIDS HYDERABAD TELANGANA 500001 INDIA |
|
6 |
G35344951 |
90126608 |
AP STATE FINANCIAL CORPORATION |
16/09/2002 |
28/08/2006 |
09/02/2017 |
13700000.0 |
5-9-194,CHIRAG ALI LANE,PB NO:165 ABIDS HYDERABAD TELANGANA 500001 INDIA |
|
7 |
G32887838 |
10347982 |
State Bank of India |
04/04/2012 |
18/07/2014 |
16/12/2016 |
40400000.0 |
BALKAMPET BRANCH, "ROYAL ARCADIA" BALKAMPET ROAD, SANJEEVA REDDY NAGAR HYDERABAD TELANGANA 500038 INDIA |
|
8 |
A91923839 |
10078142 |
State Bank of India |
22/11/2007 |
03/12/2008 |
14/08/2010 |
71500000.0 |
BALANAGAR BRANCH BALANGAR HYDERABAD TELANGANA 500037 INDIA |
FIXED ASSETS
- Land
- Building
- Furniture and Fixture
- Computer
- Plant and equipment
- Motor vehicles
- Computer equipments
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
1] INFORMATION ON
DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist organization
or whom notice had been received that all financial transactions involving
their assets have been blocked or convicted, found guilty or against whom a
judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent government
authority for any violation of anti-corruption laws or international anti-money
laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on Corporate
Governance to identify management and governance. These factors often have been
predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
INR |
|
US Dollar |
1 |
INR 64.94 |
|
UK Pound |
1 |
INR 91.75 |
|
Euro |
1 |
INR 79.90 |
INFORMATION DETAILS
|
Information
Gathered by : |
SAV |
|
|
|
|
Analysis Done by
: |
NIY |
|
|
|
|
Report Prepared
by : |
JYTK |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.
·